President Al-Zubaidi Highlights Importance of Creating Attractive Investment Opportunities in Oil and Minerals Sector

The president Aidarous Qassem Al-Zubaidi, President of the Southern Transitional Council (STC), Deputy head of the Presidential Leadership Council, on Monday, stressed the importance of creating attractive investments opportunities in the oil and minerals sector in our country.

It has taken place in the meeting with Dr. Abdullah Omair, Executive Director of Yemen Investment Company for Oil and Minerals (YICOM), where the president was briefed on the activities and programs of the YICOM, as well as the investments that the company is implementing in Sector 5 "Jannat Hunt" in Shabwa governorate and efforts of YICOM to reactivate this sector and resume the production process.

The president Al-Zubaidi stated that the leadership of the STC and the Presidential Leadership Council pay special attention to oil and minerals sector, providing a safe environment to attract investors to this vital sector, since high hopes lie with it to revive the deteriorating national economy, and rehabilitate the infrastructure in all sectors.

For his part, the Executive Director of the YICOM expressed his thanks and appreciation for the immense efforts made by the president Al-Zubaidi to overcome the encountered difficulties by companies working in the field of oil and minerals, affirmed the commitment of the YICOM to exert more efforts in increasing production, reactivating the sectors that halted due to the ongoing war, and continuing its endeavours in oil and minerals exploration.